interactive investor keeps Syncona on ACE 40 list following review

Trust fell to lowest level since August 2017

Elliot Gulliver-Needham
clock • 2 min read

Fund platform interactive investor has kept Syncona Investment Trust on its ACE 40 ethical rated list, following a formal review of the trust.

The trust fell to its lowest value since August 2017 this month, with the premium also having narrowed from about 30% at the end of January 2020 to 7% today. In a statement today, interactive investor said: "Despite the premium, some investors would still find this trust appealing for its focus on transforming patient's lives, while noting that the performance since launch has been good. "It has always been flagged as an adventurous option and ii has always made clear that the shares of this investment trust may trade at a significant discount or a premium to net asset value for a var...

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